Hong Kong
Wealthy Chinese use insurance for legacy-planning
Wealthy Chinese use insurance for legacy-planning
Majority said that designating beneficiaries through insurance may prevent inheritance disputes
FWD Hong Kong’s new business APE up 53% in 9M 2024
All of its sales channels saw double-digit growth.
Young Hong Kong travelers lack protection awareness when traveling
One-third of them say travel insurance is unnecessary.
30% of Hongkongers want new medical insurance in 2025
Four in five of Hong Kong residents already have medical insurance.
7 in 10 Hong Kong families lack financial planning
Hang Seng unveiled a wealth management plan to combat this.
Hong Leong’s underwriting profitability to continue
Its shift toward fixed-income securities is expected to reduce volatility.
Allianz Commercial names deputy CEO of Hong Kong
This role is an addition to his current responsibilities as the head of Financial Lines.
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
Hong Kong’s job-hopping insurance workers may see bigger pay
They should expect a salary hike of as much as 15%.
Insurance business analysts rank 4th in Hong Kong jobs
Nearly half of organisations faced moderate to extreme skill shortages.
Taiping Reinsurance financials not affected by LA fires: Fitch Ratings
It also reduced its US business in recent years to limit catastrophe exposure.
Howden unveils new Chief Broking Officer for Hong Kong
He joins Howden from Marsh Asia.
AXA partners with Prosper Health for cross-border cancer care
Benefits include second opinions, insurance pre-approval assistance, and P-to-P transfers.
HSBC Life records 19.5% share in industry premiums for 9M 2024
The CEO attributed the growth to its HNW business.
FWD HK, Bank SinoPac ink deal on bancassurance for HNW market
The partnership aims to enhance wealth growth and legacy planning.
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
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She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness